The tractor and trailer, by IRS rule, have a 3 - 5 year useful life. As you are starting a new business and it will take time for income to increase, you will want to depreciate it over 5 years.
Entering
your information in TurboTax, treat it as a business asset, so the
depreciation calculations are activated. You may select the appropriate options for special depreciation or Sec. 179, but I would suggest that you do not speed up depreciation, to keep your expenses in line with your income.
Which asset types in Turbo Tax can be used for a Food Truck trailer. The trailer is hitched to the truck which I treated as a vehicle.